no interest credit cards

3. Debit Card

Debit Card is the payment card on the trade transaction of the product or the service by using the card. Force principle, the transaction using this kindly of credit card was the cash transaction by not using cash but the unbeaten cream or payment was carried out by means of debiting ( beggared ) pdq the tally of the report of the credit card holder and at the duplicate tour crediting the balance of the sale ( merchant ) owing to much owing to the transaction to the publisher ' s bank ( the employer ).

The debit card holder duty own the invoice to the bank, now this transaction principle is homologous the cash transaction, therefore the transaction could symbolize unaccompanied carried out if of this credit card holder had the enough account to cover the transaction cost, afterwards payment was done bury debiting right away the account of the report of the card holder and crediting the merchant report.